Low income earners will continue earning low wages if they believe in Democrat demagogues.
Minimum wage laws hurt the poor the most. Studies repeatedly show what common sense suggests: regulating wages hurts businesses and their employees.
Herman Cain doesn't believe we need any Minimum Wage. How good do you think that's going to go over with low income people?
matt
2011/10/26 05:29:46
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I like the man.. Like many of his views, but we need to have some standards... I bet he would say that no one would work for that low of wage but he is wrong. people are desperate and need money. I think that alone would lose him the election if he went against Obama.
Top Opinion
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Fef 2011/10/26 05:32:44He won't get their votes





















but hay it might help but i havent done much research on the whole minimum wage set up as in pros and cons
There is a line where a person has to pay rent and food prices and anyone would think minimum wage was a huge salary when many can barely make it even on existing min. wage.
The thing is, by what authority did the government decide it can dictate the practices of private business? I don't get how they've become involved. No one forces you to work somewhere, you can choose. Why don't they get to choose, too?
After a lot of thought, minimum wages really hurt a lot of people -- those that comprise a business, and those that seek work at their business. That business has been given no choice at which they can set their lowest wages. So that means they're going to be very careful who they hire because they want to get their $8 (CA) worth. They don't want to pay that much for a person who could potentially only provide half the value in their work and sink their business. So job seekers keep having to look around. It deprives grossly under-qualified people from getting a chance.
Like I said, no one is forcing you to take the job. Wages are between you and your employer, theoretically. You could start a job at $5 an hour and renegotiate later. You've proven yourself an asset, you approach your boss, you ask for an increase. Maybe they say no, in spite of increasing sales or imp...
The thing is, by what authority did the government decide it can dictate the practices of private business? I don't get how they've become involved. No one forces you to work somewhere, you can choose. Why don't they get to choose, too?
After a lot of thought, minimum wages really hurt a lot of people -- those that comprise a business, and those that seek work at their business. That business has been given no choice at which they can set their lowest wages. So that means they're going to be very careful who they hire because they want to get their $8 (CA) worth. They don't want to pay that much for a person who could potentially only provide half the value in their work and sink their business. So job seekers keep having to look around. It deprives grossly under-qualified people from getting a chance.
Like I said, no one is forcing you to take the job. Wages are between you and your employer, theoretically. You could start a job at $5 an hour and renegotiate later. You've proven yourself an asset, you approach your boss, you ask for an increase. Maybe they say no, in spite of increasing sales or improving their business. You go searching for another job that pays better, they see what you've done and could really use your talents. They accept you and you give your boss two-week's notice.
Worth is arbitrary. You're worth what someone is willing to pay you. I could look at a work of art and say I wouldn't pay a dime for it, but someone else would pay a million. Make yourself a commodity. The only thing this is doing is ushering in such an age of entitlement that's ruining business, productivity, opportunities and success.
(that's one aspect...there was more to it than this..it is all i can remember accurately off the top of my head at the moment)
-A minimum wage hurts those who bust their ass earning the same as other people that do the minimum required (if not less)
-A minimum wage lowers the amount of incentives an employer can offer [low-tech] employees for increased productivity.
-A minimum wage demotivates the hardest workers
-A lot of low-tech wage earners are offered little to no raises regardless of performance, and the raises they receive are laughable to them; at best.
Just a few of my experiences in low-tech positions.
Recently, the Census Bureau released a report which showed that the income of the typical American household fell 6.4 percent in inflation adjusted terms since 2007, the last pre-recession year. Not good.
But for the self-employed, the numbers are far worse. Between 2007 and 2010, the median income of a household headed by a self-employed person dropped 15.4 percent in real terms.
Compared to 2006 when real median income for households headed by those in business for themselves hit their post 2002 peak, the numbers are worse still. While real median income at households of wage earners fell only 1.3 percent between 2006 and 2010, the decline was a whopping 17.4 percent households of the self-employed
Moreover, real household income increased for those working for wages between 2009 (when the recession ended) and 2010. But it continued to decline for the self-employed, albeit by only 0.7 percent.
With this hit to their income, should we be surprised that few people in business for themselves are hiring these days?
Also...the nat...
Recently, the Census Bureau released a report which showed that the income of the typical American household fell 6.4 percent in inflation adjusted terms since 2007, the last pre-recession year. Not good.
But for the self-employed, the numbers are far worse. Between 2007 and 2010, the median income of a household headed by a self-employed person dropped 15.4 percent in real terms.
Compared to 2006 when real median income for households headed by those in business for themselves hit their post 2002 peak, the numbers are worse still. While real median income at households of wage earners fell only 1.3 percent between 2006 and 2010, the decline was a whopping 17.4 percent households of the self-employed
Moreover, real household income increased for those working for wages between 2009 (when the recession ended) and 2010. But it continued to decline for the self-employed, albeit by only 0.7 percent.
With this hit to their income, should we be surprised that few people in business for themselves are hiring these days?
Also...the national average income for the small business person is $100,000. Take the decline off that, add all the liability and responsibility...there just is not very much to go around. The OWNER is making much less today...so if a person wants a job...any job...they ought to consider taking less too.
Some yes but others no. So that's all i could say and suppose.
But yeah, 999 is something that could happen.
But abolishing a minimum wage rule... nope. I think its just something 'in principle' or 'idea' but couldn't ever happen.
Minimum wage laws hurt the poor the most. Studies repeatedly show what common sense suggests: regulating wages hurts businesses and their employees.
Good businesses depend on keeping employees by paying them competitive wages.
Bad businesses will fail (unless Big Government bails them out).
Businesess don't have the choice of paying employees a wage that employees will agree upon.
The Left wants lolipos and rainbows.
Conservatives want freedom and liberty.
swing by, no politics please
http://www.sodahead.com/fun/h...
I'd like to see businesses outsources low-tech jobs, nost are service based(retail, fast food, etc.)
Plus he sort of makes up with 9-9-9 making used items (Cars , house , etc) tax free , that saves thousands
Course some say 9-9-9 is too radical for congress to pass either but if he wins the election when that was his main thing I think they really will do it